Are you familiar with the term ‘gig economy’ and the implications of the gig economy on those of us heading into retirement?

The term ‘gig economy’ refers to the work of people who are doing short-term contracts or freelancing rather than your typical “nine-to-five” long-term job. Or it can be as a side-hustle in addition to a “nine-to-five” job. Many companies and businesses now-a-days prefer to hire someone who does freelance or contract work instead of hiring someone for a full-time/permanent position.